78 Carruthers Avenue, Kingston, ON
Property Highlights
Welcome to this remarkable 2-Storey multiplex located in the coveted neighborhood of 14 - Central City East. Expertly crafted featuring premium aluminum siding and brick construction, this residence presents an exceptional opportunity offered at $974,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 7 Bedrooms and 4 Bathrooms with 3 functional kitchens
- Generous living space spanning 2000-2500 sqft on a premium 51 x 99 ft lot
- Features a full, partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available
- Notable attributes: Carpet Free
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Fabulous investment opportunity with this beautifully maintained & updated triplex located just a short distance from Kingston's downtown core, Queen's University & KGH. The enormous first unit is comprised of 4 bedrooms, 2 baths, built-in appliances, in-suite laundry, is air conditioned & currently rented for $3,325/month all inclusive. The second unit consists of 2 bedrooms, 1 bath & is currently rented for $1795/month all inclusive. The third & final unit features 1 bedroom, 1 bath, & is currently rented for $1595/month all inclusive. This fruitful property offers on-site laundry, parking (currently 1 spot available, 2 spots rented at $75/month), & is sure to garner the interest of potential future tenants for years to come. Don't miss the chance to add this wonderful piece of Kingston real estate to your growing investment portfolio.
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Property Summary
This multiplex located at 78 Carruthers Avenue, Kingston is currently for sale and has been available on SousaSells for 289 days. This property is listed at $974,900 with an estimated mortgage of $3,245* per month. It has 7 beds, 4 bathrooms, and is 2000-2500 square feet. 78 Carruthers Avenue, Kingston is in the 14 - Central City East neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 78 Carruthers Avenue, Kingston, ON K7L 1M4
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Kingston, ON
For a property listed at $974,900 in Kingston, the legal minimum down payment is $72,490 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $15,973 for this transaction. As this listing is in Kingston (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $15,973.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.